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24 March 2023
Issue: 8018 / Categories: Legal News , International justice , Sanctions , Rule of law
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NLJ this week: Oligarchs, confiscated assets & the future of Kyiv

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Could seized sanctions assets be used to fund the reconstruction of Ukraine? It’s a fascinating question. 

In this week’s NLJ, Maria Nizzero writes that ‘policymakers have expressed increased interest in freezing, seizing, but also repurposing the sanctioned assets, including those of the so-called “oligarchs”, for the benefit of Kyiv’.

Nizzero, a research fellow at RUSI’s Centre for Financial Crime and Security Studies, points out, however, there are ‘inherent limitations’ in this plan, before setting out some of the complexities, obstacles and potential routes around the obstacles.

She writes: ‘Choosing to prioritise the strengthening of the sanctions regime is not a Sophie’s choice for policymakers: bolstering the response to sanctions evasion now does not imply that permanent confiscation of other Russian sanctioned assets cannot be achieved.’ 

Read more on this subject here.

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
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